Score
Add up total points for this section: _____ = Total points for this section
Divided by: ______ (number of statements answered) = ______ Average score for this section
Transfer your score to the Financial Health Management Index at the beginning of the Self-Assessment.
CRITERION #3: MEASURE:
INTENT: Gather the correct data. Measure the current performance and evolution of the situation.
In my belief, the answer to this question is clearly defined:
5 Strongly Agree
4 Agree
3 Neutral
2 Disagree
1 Strongly Disagree
1. How do you verify your resources?
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2. What happens if cost savings do not materialize?
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3. What can be used to verify compliance?
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4. Are indirect costs charged to the Financial Health Management program?
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5. Has a cost center been established?
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6. Which costs should be taken into account?
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7. How do you prevent mis-estimating cost?
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8. How long to keep data and how to manage retention costs?
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9. What relevant entities could be measured?
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10. What is an unallowable cost?
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11. How do you measure variability?
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12. Are you aware of what could cause a problem?
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13. How do you aggregate measures across priorities?
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14. What do people want to verify?
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15. Do you aggressively reward and promote the people who have the biggest impact on creating excellent Financial Health Management services/products?
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16. What is the Financial Health Management business impact?
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17. What is the cause of any Financial Health Management gaps?
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18. Did you tackle the cause or the symptom?
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19. How will measures be used to manage and adapt?
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20. What causes extra work or rework?
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21. Where can you go to verify the info?
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22. What are the Financial Health Management key cost drivers?
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23. How do you control the overall costs of your work processes?
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24. Are actual costs in line with budgeted costs?
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25. Why do you expend time and effort to implement measurement, for whom?
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26. How can you reduce the costs of obtaining inputs?
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27. What is your decision requirements diagram?
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28. How do you verify and develop ideas and innovations?
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29. How do you verify and validate the Financial Health Management data?
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30. What is the total fixed cost?
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31. What disadvantage does this cause for the user?
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32. Are you able to realize any cost savings?
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33. How can you measure Financial Health Management in a systematic way?
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34. How is performance measured?
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35. How sensitive must the Financial Health Management strategy be to cost?
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36. How do you verify the Financial Health Management requirements quality?
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37. Are the Financial Health Management benefits worth its costs?
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38. What is your Financial Health Management quality cost segregation study?
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39. What are the uncertainties surrounding estimates of impact?
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40. What are the estimated costs of proposed changes?
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41. When are costs are incurred?
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